Ortiva Raises $8M, VMIX Establishes European Beachead, Three Finalists Selected for Venture Group’s $20K Pitchfest, & More San Diego BizTech News

We had a lot of health IT news over the past week in San Diego. Get your latest update now.

—The Senate Committee on Small Business and Entrepreneurship heard testimony last week on the heavier regulatory burden that small businesses bear. In a statement, Tim Tardibono, Connect’s director of public policy in Washington, DC, called for Congress to examine the “unequal impact federal regulations have on small businesses,” especially those that are likely to hinder innovation. Tardibono cited a recent report released by the Small Business Administration’s Office of Advocacy that says complying with federal regulations costs small businesses 36 percent more than large companies.

—With a recent infusion of $2.5 million in capital, San Diego’s VMIX said it plans to open offices in London and Glasgow. The launch of VMIX UK is the first stage in a plan to establish the online video technology developer as a global provider, according to CEO Pat Burns.

—San Diego’s Ortiva Wireless said it raised $8 million in a Series C round to expand sales, marketing, and engineering resources for technology that optimizes video on wireless networks. Intel Capital led the round, which was joined by existing investors Comcast Interactive Capital, Artiman Ventures, and Mission Ventures of San Diego.

—Meanwhile, Intel Capital announced that Ortiva was just one of 18 recent investments that got roughly $77 million.

—San Diego’s ecoATM, which has developed

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.